Part Ten Financial Analysis Learning Objectives Understand the parties interested in performing financial ratio analysis and the common types of ratio comparisons. Describe…
Slide 1 Statement of Cash Flows Statement that summarizes the sources and uses of cash Changes divided into three major categories Operating Activity â includes net income…
Merchandise Inventory Debit Credit Slide 5-* Made for cash or credit (on account). Normally recorded when earned, usually when goods transfer from seller to buyer. Sales…
Chap 8 Exercise 8–1 1. To record the purchase of inventory on account and the payment of freight charges. Inventory 5,000 Accounts payable 5,000 Inventory 300 Cash 300…
Key Concepts and Skills Understand sources and uses of cash and the Statement of Cash Flows Know how to standardize financial statements for comparison purposes Know how…
Inventory Debit Credit 5-* Made using cash or credit (on account). Illustration 5-5 Normally recorded when earned, usually when goods transfer from seller to buyer. Sales…
Merchandise Inventory Debit Credit Slide 5-* E5-17. Below is a series of cost of goods sold sections for companies B, F, L, and R. Instructions Fill in the lettered blanks…